Investors Lost N673.16bn as NGXASI Declined by 1.20%; BDC Rate Depreciated to N1,274/USD
1. EQUITIES MARKET
The Nigerian stock market closed negatively at 1,190.24 points but had a positive market breadth.
The NGX All-Share Index declined by 1.20% to close at 98,121.30 basis points, compared to the previous day’s loss of 0.35% to close at 99,311.54 basis points. The NGX Market CAP also recorded a loss of N673.16bn Naira terms.
YTD, the NGXASI Stands at 31.22%
The total volume traded declined by 31.10% to close at N395.75m, valued at N9.58bn and traded in 7,907 deals. GTCO was the most traded stock by volume and value, with N81.41m and N2.93bn units traded, respectively.
The Gote Index closed flat at 347.33 basis points, while the Toni index declined by 2.49% to close at 1,261.32 basis points.
At the close of trading, the market recorded 22 gainers, 19 losers, and 78 unchanged. NEIMETH topped the gainers’ list, while MTNN topped the losers’ list.
Thus, the market closed with a positive market breadth index (MBI) of 0.04x
Volume and Value Contribution
GTCO had the highest volume, contributing 20.57%, while ZENITHBANK and UBA followed closely.
According to the value chart, GTCO contributed the most, with a 30.61% share. ZENITHBANK and UBA followed closely behind.
NGX Corporate News
No Corporate News was released on NGX today.
For Analysis on the NGX NGX-listed equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
The NASD market index advanced by 0.10% to close at 1,102.46 basis points, compared to the gain of 2.70% recorded from the previous 1,101.32 basis points.
The total volume traded declined by 95.24% to close at N147,279 units valued at N79.42m, traded in 20 deal(s).
At the close of trading, the NASD OTC market recorded three (3) gainers and one (1) loser.
NASD Earnings Summary
No Financial statement was released on the NASD OTC Exchange today.
NASD Corporate News
No Corporate News was released on the NASD OTC Exchange today.
For an Analysis of the Unlisted Equities, click here.
1.3 Global Indices
The Global Indices performed positively today. For more updates on the Global scene, click here.
1.4 African Indices
The prices in the African market are relatively favourable today. For the latest data and updates, please kindly click here.
2. BONDS AND FIXED-INCOME MARKETS
2.1 Debt Market Size
The Debt Market Size was unavailable at the time of finalizing this report.
2.2 Overnight and Open Repo (OPR)
The Overnight and Open repos are currently unavailable when finalising this report.
3.1 AFEX Indices
The AFEX ACI and AEI were unavailable when finalising this report. Data on AFEX Indices can be accessed here.
3.2 AFEX Commodity Prices
On the Afex Commodity Prices, Maize advanced by 2.54% to close at 605, while Paddy rice declined by 4.49% to close at 500. Click here to access more data on AFEX commodity prices.
3.3 Global Commodity Prices
At 1:15 PM EST, Gold and Silver declined by 0.22% and 0.62%, respectively. Brent advanced by 0.80%, while WTI fell by 0.55% in the energy market at 12:13 PM CDT.
The NAFEX rate depreciated by 5.62% from N1,206.83/USD to N1,278.68/USD, while the BDC rate depreciated by 0.55% from N1,267/USD to N1,274/USD. For updates on the Nigerian FX Market,
